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Posted By: Jodi Birkholm

What's wrong with these athletes? I can understand some of these people thinking that their money will never run out. People like Michael Jordan can do whatever they want--they will never be destitute. Someone like Taylor, who knew full well that he would never pitch again, should have been much more careful. If just slightly frugal, he could have lived on $2.5 million for the rest of his life. I think that figure is too low. Think of all the endorsement deals he had at the time. I can recall one with Nike (if I'm not mistaken). You know that contract had to be worth a great deal of money.